2,408 Shares in Expedia Group, Inc. $EXPE Bought by Affinity Capital Advisors LLC

Affinity Capital Advisors LLC purchased a new stake in shares of Expedia Group, Inc. (NASDAQ:EXPE) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 2,408 shares of the online travel company’s stock, valued at approximately $682,000.

Several other institutional investors have also added to or reduced their stakes in EXPE. Orion Porfolio Solutions LLC lifted its holdings in Expedia Group by 0.4% in the 3rd quarter. Orion Porfolio Solutions LLC now owns 9,814 shares of the online travel company’s stock worth $2,098,000 after buying an additional 38 shares during the period. Harbor Investment Advisory LLC increased its stake in shares of Expedia Group by 16.0% during the fourth quarter. Harbor Investment Advisory LLC now owns 319 shares of the online travel company’s stock valued at $90,000 after buying an additional 44 shares during the period. True Wealth Design LLC increased its stake in shares of Expedia Group by 3.4% during the fourth quarter. True Wealth Design LLC now owns 1,382 shares of the online travel company’s stock valued at $392,000 after buying an additional 45 shares during the period. Quadrant Capital Group LLC raised its holdings in shares of Expedia Group by 0.9% during the third quarter. Quadrant Capital Group LLC now owns 5,658 shares of the online travel company’s stock valued at $1,209,000 after acquiring an additional 48 shares in the last quarter. Finally, Bessemer Group Inc. raised its holdings in shares of Expedia Group by 0.8% during the third quarter. Bessemer Group Inc. now owns 6,201 shares of the online travel company’s stock valued at $1,325,000 after acquiring an additional 52 shares in the last quarter. Hedge funds and other institutional investors own 90.76% of the company’s stock.

Expedia Group Trading Down 1.8%

Expedia Group stock opened at $235.18 on Monday. Expedia Group, Inc. has a 12 month low of $130.01 and a 12 month high of $303.80. The company has a market capitalization of $28.82 billion, a price-to-earnings ratio of 23.88, a price-to-earnings-growth ratio of 0.73 and a beta of 1.41. The business’s fifty day simple moving average is $241.81 and its two-hundred day simple moving average is $244.21. The company has a current ratio of 0.73, a quick ratio of 0.73 and a debt-to-equity ratio of 1.75.

Expedia Group (NASDAQ:EXPE) last issued its quarterly earnings results on Thursday, February 12th. The online travel company reported $3.78 earnings per share for the quarter, beating the consensus estimate of $3.32 by $0.46. Expedia Group had a return on equity of 72.23% and a net margin of 8.78%.The firm had revenue of $3.55 billion during the quarter, compared to the consensus estimate of $3.41 billion. During the same period last year, the company earned $2.39 earnings per share. The company’s revenue was up 11.4% on a year-over-year basis. As a group, equities analysts predict that Expedia Group, Inc. will post 12.28 earnings per share for the current fiscal year.

Expedia Group Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 26th. Stockholders of record on Thursday, March 5th will be paid a $0.48 dividend. This is an increase from Expedia Group’s previous quarterly dividend of $0.40. This represents a $1.92 annualized dividend and a dividend yield of 0.8%. The ex-dividend date is Thursday, March 5th. Expedia Group’s dividend payout ratio (DPR) is presently 19.49%.

Wall Street Analyst Weigh In

Several research firms recently weighed in on EXPE. Citizens Jmp reiterated a “market perform” rating on shares of Expedia Group in a report on Tuesday, February 17th. BMO Capital Markets upped their price objective on shares of Expedia Group from $250.00 to $255.00 and gave the stock a “market perform” rating in a report on Friday, February 13th. Wedbush reaffirmed a “neutral” rating and issued a $260.00 target price on shares of Expedia Group in a research report on Tuesday, February 17th. UBS Group set a $266.00 target price on shares of Expedia Group in a research note on Friday, February 13th. Finally, Jefferies Financial Group boosted their price target on shares of Expedia Group from $270.00 to $285.00 and gave the company a “hold” rating in a research report on Thursday, December 11th. Thirteen research analysts have rated the stock with a Buy rating and twenty-two have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $281.65.

Insider Activity

In related news, insider Robert J. Dzielak sold 8,225 shares of the stock in a transaction on Wednesday, March 4th. The stock was sold at an average price of $220.82, for a total transaction of $1,816,244.50. Following the sale, the insider directly owned 102,480 shares of the company’s stock, valued at $22,629,633.60. This trade represents a 7.43% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 9.13% of the stock is currently owned by insiders.

Expedia Group Profile

Expedia Group (NASDAQ: EXPE) is a global travel technology company that operates an online marketplace connecting consumers, travel suppliers and third‑party partners. The company’s platform enables search, comparison and booking of travel products and services, including hotels, airline tickets, vacation rentals, car rentals, cruises and packaged travel. Its portfolio comprises consumer-facing travel brands as well as corporate travel solutions and technology services that serve both leisure and business travelers.

Key offerings include consumer booking platforms and mobile apps that aggregate inventory from hotels, vacation rental managers, airlines and car rental companies, alongside ancillary travel services such as trip insurance and activities.